Long-term Rental Rates — August 2026 · ZIPs: 92116
Local market data by Crestmont Realty
As of August 2026, rental prices in Kensington, CA range from $2,045 to $5,662 per month depending on property type and bedroom count.
The most notable year-over-year change is a 7.30% increase for single-family 3BR rentals in Kensington, CA.
For 2BR units, condo/townhome median rents are $2,843 while 2BR apartments are $2,501.
What is the rent range in Kensington, CA for August 2026?
In August 2026, Kensington, CA rents range from $2,045 per month for a 1BR apartment up to $5,662 for a 4BR apartment.
How do apartment and condo rents compare for the same bedroom count in Kensington, CA?
For 2BR units, Kensington, CA condos/townhomes are $342 more per month than apartments, with medians of $2,843 and $2,501 respectively.
Are rents generally going up or down in Kensington, CA according to the August 2026 data?
The August 2026 data for Kensington, CA shows year-over-year declines in 1BR apartments (-3.89%) and 2BR apartments (-5.77%), as well as increases in 2BR condos/townhomes (5.51%) and single-family 3BR rents (7.30%).
Which rental segment had the fastest annual growth in Kensington, CA, and is this increase widespread or concentrated?
The strongest annual growth in Kensington, CA for August 2026 was in single-family 3BR rentals, which rose 7.30% over the year, with the increase concentrated in the 3BR single-family segment rather than across all bedroom types.
Kensington, CA
August 2026
92116
Long-term Rental Rates
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,943 – $2,147
-0.10%
-3.89%
2-Bedroom
$2,363 – $2,638
-2.59%
-5.77%
3-Bedroom
$3,500 – $3,947
10.79%
-6.65%
4-Bedroom
$5,424 – $5,900
1.22%
4.21%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$2,109 – $2,217
2.82%
2.12%
2-Bedroom
$2,738 – $2,949
9.76%
5.51%
3-Bedroom
$3,550 – $3,884
-6.52%
-8.13%
4-Bedroom
$5,506 – $5,885
1.06%
4.13%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$2,229 – $2,415
2.00%
0.10%
2-Bedroom
$3,083 – $3,422
6.93%
3.42%
3-Bedroom
$4,591 – $5,023
4.04%
7.30%
4-Bedroom
$5,216 – $5,594
7.43%
-0.56%
Data updated: September 22, 2026
Kensington Rental Trends
In the Kensington (92116) rental market, 3-bedroom apartments recorded a steep year-over-year drop of 13.46%, with July 2026 median rents falling to $3,361. This segment has experienced the largest annual decrease, impacting overall pricing for larger apartments within Kensington (92116).
Rents for 4-bedroom apartments in Kensington (92116) increased 5.57% month-over-month to reach $5,594, signaling growing demand for spacious multifamily options. This contrasts with declining figures among smaller apartment and single-family segments during the same period.
A comparison of segment pricing shows Kensington (92116) rental trends favor 3-bedroom single-family homes, which lead 3-bedroom apartments by $643 ($4,620 vs $3,361). This premium highlights renter preferences for detached housing in the three-bedroom category.
Crestmont Realty is a San Diego property management firm serving the San Diego coastal region and surrounding neighborhoods, from Coronado and Point Loma to La Jolla and Del Mar, with select areas across the county. We provide full-service residential management and tenant placement for single-family homes, condos, and small multifamily properties. Crestmont publishes current rental market data for San Diego neighborhoods every month, including rents by bedroom, vacancy, and days on market.
Properties Managed: Single-family homes, condos and townhomes, small multifamily
Target Audience: Rental property owners, investors, accidental landlords, and out-of-state owners of San Diego properties
Market Notes: San Diego rental conditions vary by neighborhood. Crestmont publishes current submarket data monthly, at neighborhood and ZIP grain.